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Director of Finance - job 2 of 2

Company Description

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins works with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate. Eurofins believes it is a global leader in food, environmental, pharmaceutical and cosmetics products testing and in agroscience CRO services. It is also one of the global independent market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, CDMO, advanced material sciences and in the support of clinical studies.

In over just 30 years, Eurofins has grown from one laboratory in Nantes, France to over 50,000 staff across a network of more than 900 independent companies in over 50 countries and operating more than 800 laboratories. Eurofins offers a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products, as well as providing innovative clinical diagnostic testing services, as one of the leading global emerging players in specialized clinical diagnostics testing.

 In 2021, Eurofins generated total revenues of EUR € 6.7 billion, and has been among the best performing stocks in Europe over the past 20 years.

Job Description

Become your most extraordinary self!  Our team is intensely proud to be a major provider of services and products to the drug discovery research industry.  Join Eurofins Panlabs, Inc. part of the Eurofins Discovery ™ group of companies serving global clients in the Pharma and Biotech industries.  Work alongside industry experts and collaborate with team members to directly and positively impact human health worldwide!

We have a philosophy to support work life balance, career progression opportunities and offer many benefits such as formal mentoring programs, tuition reimbursement, extensive career training programs, competitive health benefits, paid time off and 10 annual paid holidays*.  

 

Essential Duties and Responsibilities:

Responsibilities include, but are not limited to the following:

  • Overall management of the financial resources and financial operations of the business units including planning, organizing, and controlling the financial resources
  • Lead the Annual Business Planning Process across multiple legal entities.
  • Develop the annual and long term plan working with business unit leaders
  • Develop tools and reports that are needed by BU leaders to monitor costs and productivity.
  • Ensure key financial metrics (i.e. working capital, costs, etc.) are met by each of the entities and the business overall; provide corrective actions as needed
  • Oversee, compile, and analyze financial reporting packages for special projects and monthly business and quarterly business reviews.
  • Manage the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoicing/billing, customer credits and collections, perpetual inventory integrity, fixed asset records, and general & entity accounting
  • Prepare special reports by collecting, analyzing, and summarizing information and trends
  • Interact with corporate finance and boards relative to process and approval. Understand and comply with corporate spending and contracting authority.
  • Assess finance related processes for efficiency, make improvements and develop standard operating procedures as needed. Ensure compliance with procedures and document procedures where necessary.
  • Support audits
  • Oversee business performance against budgets. Address deviations and performance issues with each business manager and develop correction plan.
  • Work closely with business unit managers to understand the operation of the business to determine the levers to achieve financial metrics.
  • Support the innovation programs, tracking costs and sales to establish ROI.
  • Support development of business plans for financial aspects and ROI.
  • Support M&A activities
  • Ensure adherence to Eurofins financial policies, rules, and regulations.
  • Comply with federal, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions
  • Demonstrate and promote the company vision
  • Regular attendance and punctuality
  • Conduct all activities in a safe and efficient manner
  • Perform other duties as assigned
  • Own the accountability and responsibility of delivering to client needs and timeliness
  • Provide cross-functional support to other departments as required
  • Adjust work hours as needed to meet business unit manager and client deadlines
  • Adhere to site environmental health and safety (EHS) requirements

Qualifications

  • Bachelor’s Degree in Business, Accounting, Finance, or related discipline
  • 7 years of experience in Accounting / Finance role serving multiple operations at global locations in North America, Europe and Asia Pacific
  • > 5 years’ direct finance, accounting, and financial planning experience
  • Strategic planning
  • Process improvement as it relates to finance
  • Hands on experience with ERP systems
  • Knowledge of sales commission plan design and management
  • MBA with focus in Accounting, Finance, or related discipline
  • CPA and/or CMA Certification
  • Prior managerial experience of a finance and/or accounting team required
  • Managing Processes, Financial Software, Developing Standards, Audit, Accounting, Corporate Finance, Tracking Budget Expenses, Financial Skills, Analyzing Information, Developing Budgets, Performance Management
  • Strong scheduling and project oversight experience
  • Experience in Microsoft Office Suite, including strong Excel skills
  • Process improvement and process documentation experience
  • Ability to travel up to 10% of the time.
  • Partial remote work potential
  • Ability to work in the U.S. indefinitely without sponsorship 

Additional Information

This is an onsite position in St. Charles, MO and is full-time (Monday-Friday, 8 a.m.-5 p.m.), with overtime as needed.

  • Excellent full time benefits including comprehensive medical coverage, dental, and vision options
  • Life and disability insurance
  • 401(k) with company match
  • Paid vacation and holidays

#LI-EB1

Eurofins USA Discovery Services is a Disabled and Veteran Equal Employment Opportunity employer.

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Average salary estimate

$115000 / YEARLY (est.)
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What You Should Know About Director of Finance, Eurofins

At Eurofins Scientific, we're on the lookout for a dynamic and experienced Director of Finance to join our team in St. Charles, MO. As a global leader in analytical testing services, Eurofins is dedicated to ensuring that the products we rely on in our everyday lives are safe and effective. We believe in fostering a workplace that not only supports work-life balance but also encourages career growth and development. As the Director of Finance, you'll manage the financial operations of our business units, leading the Annual Business Planning Process, and collaborating with business unit leaders to develop both annual and long-term financial plans. Your expertise will be essential in monitoring key financial metrics and implementing corrective actions as necessary. You will also play a crucial role in enhancing efficiency by assessing finance-related processes and developing standard operating procedures. This position is not just about managing numbers; it’s about having a positive impact on human health across the globe by supporting our finance team in their duties like preparing financial reports, conducting audits, and ensuring compliance with various regulations. With a strong emphasis on teamwork, you will interact regularly with corporate finance and contribute to innovative programs that track costs and establish ROI. We provide excellent benefits, including tuition reimbursement and paid time off, making Eurofins a fantastic place to grow your career while making an impact in the life sciences industry. If you’re ready to take the next step in your career, we’d love to see you apply!

Frequently Asked Questions (FAQs) for Director of Finance Role at Eurofins
What are the responsibilities of the Director of Finance at Eurofins Scientific?

The Director of Finance at Eurofins Scientific is responsible for managing the financial resources and operations of the business units, leading the Annual Business Planning Process, developing tools and reports for business unit leaders, and ensuring financial metrics are met. This role also involves overseeing daily financial activities, preparing special reports, and supporting audits to ensure compliance with various regulations.

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What qualifications do I need to apply for the Director of Finance position at Eurofins Scientific?

To apply for the Director of Finance role at Eurofins Scientific, candidates should possess a Bachelor’s Degree in Business, Accounting, or Finance, along with at least 7 years of experience in an Accounting/Finance role. Experience with ERP systems, strategic planning, and prior managerial experience in finance or accounting are also essential. An MBA and certifications like CPA or CMA are preferred.

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How does Eurofins Scientific support work-life balance for the Director of Finance?

Eurofins Scientific values work-life balance and supports it through flexible working arrangements, including partial remote work potential. The company encourages healthy working hours and provides extensive benefits, such as paid time off and holiday leave, ensuring that Directors can manage their personal and professional lives effectively.

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What benefits does Eurofins Scientific offer to its Director of Finance?

Eurofins Scientific provides its Director of Finance with comprehensive benefits including medical, dental, and vision coverage, life and disability insurance, a 401(k) plan with company match, tuition reimbursement, and generous paid vacation policies. These benefits are designed to support the well-being and professional development of employees.

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What is the work environment like for a Director of Finance at Eurofins Scientific?

The work environment for a Director of Finance at Eurofins Scientific is collaborative and dynamic, situated in a company that prioritizes innovation in the life sciences industry. The role involves direct interaction with business unit leaders, corporate finance, and cross-functional departments, providing a vibrant environment that values teamwork and excellence.

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Common Interview Questions for Director of Finance
How do you approach financial planning and analysis for multiple business units?

When discussing financial planning for multiple business units, emphasize your experience in managing diverse financial operations. Outline your structured approach to data collection, performance metrics, and collaboration with business unit leaders to ensure alignment with overall organizational goals.

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Can you describe a time when you led a successful financial audit?

Share a specific example where your leadership in a financial audit resulted in identifying inefficiencies or compliance issues. Highlight your process of preparing financial reports, engaging with auditors, and implementing corrective actions based on audit findings.

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What strategies do you use to monitor financial performance effectively?

Discuss techniques like developing KPIs, conducting regular financial reviews, and utilizing financial modeling tools. Mention your experience with interpreting financial data and translating it into actionable insights for business leaders.

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How do you ensure compliance with federal, state, and local regulations in finance?

Explain how you stay updated on relevant legislation and ensure adherence through thorough research, regular team training, and implementing effective operational procedures. Give examples of how you've advised management on necessary actions to maintain compliance.

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What experience do you have with ERP financial systems?

Detail your proficiency with ERP systems by providing specific instances where you utilized them for financial management. Discuss your role in enhancing finance processes and improving accuracy and efficiency across financial operations.

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How do you approach process improvement in financial functions?

Illustrate your commitment to continuous improvement by outlining methods such as conducting process audits, soliciting team input, and implementing new technologies. Mention examples where you successfully streamlined processes and enhanced productivity.

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What role do you believe a Director of Finance should play in M&A activities?

Highlight the importance of financial due diligence in M&A, discussing how a Director of Finance assesses financial health and ensures proper integration post-acquisition. Mention your approach to collaborating with cross-functional teams during these activities.

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Can you provide an example of how you’ve improved a budget management process?

Share a story where you identified issues in a budgeting process, implemented a new structuring method, and the positive outcomes that followed—such as better expense tracking or increased departmental accountability.

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How do you handle disagreement within your finance team regarding financial strategies?

Discuss the importance of open communication and collaborative problem-solving. Provide an example of how you facilitated a respectful discussion and reached an agreement on strategic financial decisions.

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What techniques do you use to effectively communicate financial concepts to non-financial stakeholders?

Describe your ability to simplify complex financial information using clear visual aids and straightforward language. Highlight your experience in tailoring presentations for diverse audiences to enhance understanding and engagement.

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DATE POSTED
April 19, 2025

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